Infrastructure is traditionally considered a necessary condition for a country's economic development. However, despite so many arguments in favor of the importance of infrastructure for productivity, growth and welfare, the empirical literature on the impact of infrastructure is controversial....

Infrastructure and productivity in Brazil. This article analyses the relationship between infrastructure and total factor productivity (TFP) in Brazil during the second half of the twenty century. Public capital is used as a proxy for infrastructure capital. The hypothesis to be tested is that...